L co vay n gD !Ai suit RD nen hang nam se tao them mOt khoan dugc goi la la chin thud cua no vay Gia tri cua la chin thus chinh bang Tc*D.
Hg so nq teen von CSH: He so nq ten von CSH cua cong ty trong 3 nam au
tan hcm 1 cho thay, tai san cua DN &cc tai trq phAn 16.n tir ngu6n nq. Nam 2011 khoan nq phai tra tang len nen he s6 thay (16'i tir 1,331 (2010) len 1,396. Tuy nhien, nam 2012, he s6 nq ten von CSH giam xu6ng con 1,337, khong c6 nhiEu chenh lech so von nam 2010. lfu diEm dm he s6 nq cao la chi phi !Ai vay se duqc trir vao thud thu nhAp DN, gift]) cong ty giam chi phi, cong vii uu the cua don by tai chinh, gia tang lqi nhuAn cita cong ty. Khong chi gia tang lqi nhuAn, don by cling co the khuEch 41 khoan to ne'u cong ty kinh doanh khong hieu qua. Khoan nq 16n cling khien cong ty
gAp Ich6 khan trong viec tra nq. Vi vay cac nha quart 1S/ can phan tich ki de dui ra mirc sir dung nq hcrp 1Sr.
2.2.2.3Chi tieu tai chinh tang hap
Bang 2.4 Nhom chi lieu phan anh kha nang sinh loi
(Dom vi: lin
Chi lieu Cong thtic 2012 2011 2010
TS/ suAt sinhltritren doanh thu than (ROS)
Lqi nhuAn rOng
0,04 0,03 0,07
Doanh thu thuAn TS/ suit sinh ltri ten king
tai san (ROA)
Lqi nhulan rang
0,06 0,05 0,08
TOng TS TS, suit sinh 16i ten von
CSH (ROE)
Lai nhuAn rong
0,15 0,11 0,20
Vtin CSH
(Nguon: tic gia tinh loan)
ROS: Chi tieu nay cho biEt trong 1 dong doanh thu thuAn se thu drat bao nhieu &Ong lqi nhuAn sau thud. ROS !tam 2010 dot mire cao nhA't trong 3 nam, 0,07, tirc la 1 d6ng doanh thu thuAn to ra dugc 0,07 ang lqi nhu4n sau thud. Nam 2011 ty so nay giam monk, chi con or mix 0,03. Trong nam nay, doanh thu thuAn va gia win hang ban dong loot tang, tuy nhien, toc d6 tang ctia gia von hang ban la 27%, cao hcm rat nhi'Eu so vtri tOc d'6 tang cila doanh thu thuAn, 19% (tic gia firth toan). Ben conh do, cac khoan chi phi tai chinh, chi phi ban hang ding tang nhe. DiL nay cho thAy chi phi trong nam 2011 dang co dAu hieu vugn tam kiEm soat ctia cac nha quan lS/. Nam 2012 ROS co tang nhimg khong
dang ke, len mire 0,04. KEt qua tren the hien hieu qua sir dung chi phi dm cong ty chtra dirge tot. NEu nhu muOn phat triEn b'En yang, to sir canh truth a ma r6ng thi trutrng, cac cap quart ly can tang cutrng kiEm soat chi phi hon.
ROA: Chi lieu nay danh gia hieu qua sir dung cac tai san da duqc dau to cita cong ty. Nam 2010 van la nam c6 t suAt cao nhAt trong 3 nam, dot mire 0,08, co nghia 1 dOng